SouthStar Capital Provides $750,000 Accounts Receivable Facility to Pennsylvania-Based Manufacturer

Clean Technology & Green Energy, Manufacturing, Press Release, Technology

Charleston, SC – SouthStar Capital is pleased to announce the funding of a $750,000 A/R Facility for a Pennsylvania-based manufacturer specializing in smart electrical technology systems. The company, experiencing cash flow challenges due to delayed customer payments and a growing client base, needed immediate working capital to maintain operations and keep supplier payments on track.

The manufacturer, responsible for installing energy-efficient systems in schools and businesses, was billing between $250,000 and $500,000 per month. However, with two large unpaid invoices totaling $400,000, cash flow constraints put production at risk and threatened to stall project timelines.

SouthStar’s A/R solution provided immediate access to capital by leveraging the company’s outstanding invoices, ensuring the business had the working capital needed to operate smoothly. With this $750,000 Factoring Facility, the manufacturer secured the financial stability needed to support growth and drive continued innovation in the smart electrical technology sector.

About SouthStar  

SouthStar Capital is a nationwide commercial finance company with a 17-year track record of excellence, innovation, and customer satisfaction. We specialize in providing comprehensive, customized working capital solutions, including Accounts Receivable Financing, Asset-Based Lending, Purchase Order Financing, Equipment Leasing, Government Contracting, Invoice Factoring, and Payroll Funding. 

For more information about SouthStar Capital and our range of financial services, please visit www.southstarcapital.com or contact Becca Ripley at (843) 800-8339.

Contact: Becca Ripley
Director of Marketing
SouthStar Capital
Phone: (843) 800-8339
Email: becca@southstar.com
Website: southstar.com